3052 Tall Pine LnCorinthTX76210
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Corinth at 3052 Tall Pine Ln, Corinth, TX, 76210 priced at $362,811 converts $2,634/mo rent into $54/mo cash flow after a $1,776/mo obligation. Total monthly income equals $2,634/mo, and annual cash flow totals $645/yr on $120,272 invested. Return on cash invested prints 20.45% in year one, and rental yield reads 8.71% against a $362,811 entry. Equity gained on principal adds $2,341/yr, while 5% annual appreciation compiles into $100,238 by year five. Five-year ROI reaches 106.93% and total cumulative return in cash sums $128,608. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,634/mo property income covering a $1,776/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76210, Denton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,620 (100%) |
| Owner Occupied HU | 12,637 (71.7%) |
| Renter Occupied HU | 4,554 (25.8%) |
| Vacant Housing Units | 429 ( 2.4%) |
| Median Home Value | $388,162 |
| Average Home Value | $438,547 |
Housing Distribution
Address Breakdown
Residential
17,308
Single Family
14,781
Multi-Family
2,527
Businesses
613
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